Understanding the chaos at Tesla

Decoder with Nilay Patel

Today, Verge transportation editor Andy Hawkins and I are going to try and figure out Tesla. I said try — I did not say succeed. But we’re going to try. That’s because Tesla has been on a real rollercoaster these past two weeks, in terms of its stock price, its basic financials, and well, its vibes.

If you’ve been following the company, you know that that gap between what the business is and how its valued has been getting bigger and bigger for years now – and lately, with Elon Musk saying he’s going all-in on autonomy and announcing a robotaxi event in August, it seems like we’re getting closer to a make or break moment, especially as competition in the broader EV market heats up.

Links:

• Tesla reaches deals in China on self-driving cars — NYT
• Elon Musk goes ‘absolutely hard core’ in another round of Tesla layoffs — The Verge
• Tesla’s Autopilot and Full Self-Driving linked to dozens of deaths — The Verge
• Elon Musk says Tesla will reveal its robotaxi on August 8th — The Verge
• A cheaper Tesla is back on the menu — The Verge
• Tesla’s profits sink as the company struggles with cooling demand — The Verge
• Tesla lays off ‘more than 10 percent’ of its workforce, loses top executives — The Verge
• Tesla recalls all 3,878 Cybertrucks over faulty accelerator pedal — The Verge
• Elon Musk says it’s “time to reorganize” Tesla — The Verge
• Elon Musk lost Democrats on Tesla when he needed them most — WSJ

Credits:

Decoder is a production of The Verge, and part of the Vox Media Podcast Network.

Today’s episode was produced by Kate Cox and Nick Statt and was edited by Callie Wright. Our supervising producer is Liam James.

The Decoder music is by Breakmaster Cylinder.

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